Property values to hit record highs by April
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Property investors have seen a 2.63% gain in NEW BERRIMA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains NEW BERRIMA, 2577 saw average growth in the long term.
The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $508,000
Profits averaged 14.84% per annum over a 3-year period, due to an upward trend in home prices in NEW BERRIMA, 2577.
The gross rental yield in NEW BERRIMA, 2577 is 0%.
An average of 1.08 real estate transactions take place per month in NEW BERRIMA which translates to 13 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $508,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.63% | N/A |
| Median 12 month | 3.67% | N/A |
| Median 3 years | 44.52% | N/A |
| Median 5 years | 78.25% | N/A |
| 10 years average annual | 8.11% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 46.4 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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